ALOKINDS - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 1.8

📊 Intraday Trading Analysis for ALOKINDS (Alok Industries Ltd.)

ALOKINDS is a poor candidate for intraday trading today, due to weak technical indicators, deteriorating fundamentals, and negative price action. Despite high trading volume, the stock lacks momentum and is trading below key moving averages with no institutional support.

🔍 Key Technical & Fundamental Insights

⚙️ Technical Snapshot

RSI at 40.9: Weak — approaching oversold, but no reversal signal.

MACD at -0.03: Bearish — trend remains negative.

Current Price ₹19.4 < DMA50 ₹19.9 and DMA200 ₹20.0: Below key averages — downtrend intact.

Volume Today (94.9L) < Avg Vol 1Wk (103.2L): High liquidity, but declining interest.

52w Index at 34.7%: Underperforming — far from yearly high.

📉 Fundamental Overview

Book Value -₹41.6: Negative — indicates erosion of shareholder equity.

ROCE -4.79%: Negative — poor capital efficiency.

EPS -₹1.57: Loss-making — unsustainable valuation.

PAT Qtr -₹197 Cr vs. Prev Qtr -₹168 Cr: Widening losses.

Dividend Yield 0.00%: No income support.

FII/DII Holding Changes: Flat to negative — no institutional conviction.

⚠️ Missing data on P/E, ROE, PEG Ratio, and Debt-to-Equity further weakens confidence.

🛒 Optimal Buy Price for Intraday

Avoid Fresh Entry Entry not recommended unless RSI crosses 45 and MACD turns positive with volume >105L and price sustains above ₹20.2.

🎯 Exit Strategy

Profit-Taking Levels

Target 1: ₹20.1 — near 50-DMA resistance

Target 2: ₹20.6 — short-term recovery zone

Stop-Loss / Loss Protection

Stop-Loss: ₹18.8 — below recent support and psychological ₹19 level

📉 If You Already Hold the Stock Today

Exit on Weakness

RSI drops below 39 or MACD diverges negatively

Price fails to reclaim ₹19.8 post 12:00 PM IST

Volume Watch

If volume fades below 90L and price stalls near ₹19.5, consider full exit

Momentum Exit Strategy

If price crosses ₹20.5, trail stop-loss upward by ₹0.4–₹0.5 increments

Exit fully if price reverses sharply from ₹20.6 with rising sell volume

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